Winton Lease Extensions

FAQs concerning Winton Lease Extensions

I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process

I'm wanting to make an offer on a house in Winton but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays Direct giving us the mortgage now?

I have contacted my freeholder to extend my lease for my flat in Winton. Her has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started November 199.

I am thinking about whether to purchase the freehold or a lease extension of my property in Winton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Clydesdale to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1991 and since then the ground rent has increased from £38.00 per year to £300 per year.

I will soon view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has sixety six years left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?

Me and my partner are considering purchasing a ground floor flat in Winton which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?

My and my husband are worried about getting a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £250 doubling every twenty five years of the new lease. Can you help?

Are you able to provide an estimate to extend my mum’s lease on a studio flat in Winton. She recently got a figure from the freeholder for a lease extension but I am unclear whether it is reasonable.

I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Winton

I'm looking for some advice with regard to a lease extension on my maisonette in Winton. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Winton